Comfort Systems USA rises after Q1 revenue beat, higher profit

Shares of Comfort Systems USA FIX.N climb 7.9% to $1,914 premarket

The heating, ventilation, air-conditioning contractor reports Q1 revenue of $2.87 billion, beating analysts' average estimate of $2.38 billion, per LSEG data

FIX reports Q1 EPS of $10.51, up from $4.75 a year earlier

Backlog increases to $11.94 billion, as of March 2026, from $6.89 billion a year prior

Stock recently traded at 45x forward earnings, well above its 5-yr average of 23x - LSEG data

Seven of the nine brokerages covering the stock rate it "buy" or higher, rest going for "hold"; median PT is $1,770.2

FIX has rallied around 90.1% YTD to a life-high at last close; S&P 500 .SPX has risen 3.8% in the same period